World Tech

What is Cryptocurrency? Cryptocurrency, also called as  crypto, is any form of digital currency that can operate without the reliant of banks or governments, to maintain and operate it. There are more than 19,000 cryptocurrency projects that represent $1.6 trillion crypto market.  Despite their name, cryptocurrencies are not considered to be currencies  in the traditional sense and while varying treatments have been applied to them, including classification as commodities,  securities,  as well as currencies, cryptocurrencies are generally viewed as a distinct asset class in practice. Types of Crypto currency There are many types of Crypto currency present in digital world. Bitcoin, ethereum, litecoin and XRP are just few of them. Bitcoin Bitcoin is the most popular cryptocurrency present in the digital world. In 2022, june, a bitcoin is worth of 21,110 USD, Which is certainly a high amount.  Bitcoin transactions are verified by network  nodes through ...